1602, The Matrix
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, The Matrix
What is 1602 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,231 sqft
- Floor
- 16th of 31
- Parking
- P1-009
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 13,200 /yr
- Last sold
- AED 1.85M · November 2015
- Building
- The Matrix
About 1602, The Matrix
1602 is a one-bedroom apartment of 1,231 sqft on the 16th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 1 November 2015 for AED 1,845,000, or AED 1,498 per sqft, in line with the AED 1,483 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 60,000 a year: a gross yield of 3.3% on the 2015 price, before the service charge of about AED 13,200 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Matrix, and where 1602 sits
All 163 1-beds →1602 last sold in November 2015 at AED 1,498 per sqft, in line with what one-beds in The Matrix were fetching at the time (AED 1,483). Over the last 12 months one-beds sold for AED 700,000 to 966,350, around AED 838 per sqft, and rent for AED 52,800 to 95,000 a year. 1602's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Sep 202611 September 2026 | 923 sqft | 800,000 | 866 | ||
| 17 Jun 202617 June 2026 | 923 sqft | 700,000 | 758 | ||
| 4 May 20264 May 2026 | 1,118 sqft | 900,000 | 804 | ||
| 17 Mar 202617 March 2026 | 1,252 sqft | 860,000 | 686 |
The Matrix
Building377 apartments, studios to 3-bed over 31 floors in Dubai Sports City, completed in 2014 by TFG Real Estate. 27 sold in the last 12 months.
- Typical price per sqft
- AED 968 Up 4.1%
- Typical sale
- AED 665K
- Typical rent
- AED 55K /yr
- Typical yield
- 7.5%
Other units on the 16th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 923 sqft | AED 1.34MAED 1,342,713 · Nov 2015November 2015 | 62,000 /yr | |
| 1603 | Studio | 610 sqft | AED 671KAED 671,000 · Aug 2025August 2025 | 53,000 /yr | |
| 1604 | Studio | 603 sqft | AED 1.36MAED 1,355,541 · Jan 2018January 2018 | 53,000 /yr | |
| 1605 | Studio | 596 sqft | AED 666KAED 666,000 · Aug 2025August 2025 | 53,000 /yr | |
| 1606 | 1-bed | 1,138 sqft | AED 870KAED 870,000 · Oct 2025October 2025 | 45,000 /yr | |
| 1607 | 1-bed | 860 sqft | AED 1.6MAED 1,600,000 · Apr 2014April 2014 | 60,000 /yr | |
| 1608 | 1-bed | 940 sqft | AED 1.52MAED 1,522,869 · Mar 2018March 2018 | 62,000 /yr | |
| 1609 | 1-bed | 1,133 sqft | AED 925KAED 925,000 · Jun 2017June 2017 | 50,000 /yr | |
| 1610 | Studio | 613 sqft | AED 667KAED 667,000 · Aug 2025August 2025 | 54,000 /yr | |
| 1611 | Studio | 606 sqft | AED 672KAED 672,000 · Aug 2025August 2025 | 52,000 /yr | |
| 1612 | Studio | 596 sqft | AED 666KAED 666,000 · Aug 2025August 2025 | 52,000 /yr | |
| 1613 | Studio | 730 sqft | AED 455KAED 455,000 · Jul 2023July 2023 | 46,000 /yr | |
| 1614 | Studio | 591 sqft | AED 1.19MAED 1,191,125 · Nov 2015November 2015 | 40,000 /yr |
1602, The Matrix in numbers
- Sold once: by TFG Real Estate on 1 November 2015 for AED 1,845,000, or AED 1,498 per sqft.
- Rented since February 2016 on 11 Ejari contracts. The rent fell from AED 85,000 to AED 49,500 in 2021 and recovered to AED 60,000 by January 2026.
- At AED 60,000 a year the gross yield on the 2015 price is 3.3%, before a service charge of about AED 13,200 a year (AED 10.72 per sqft).
- One-beds in The Matrix sold for AED 700,000–966,350 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.
Source: Dubai Land Department. Updated 25 January 2026.
Questions about 1602, The Matrix
What did unit 1602 last sell for?
AED 1,845,000 on 1 November 2015, sold by the developer: AED 1,498 per sqft for 1,231 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 60,000 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 60,000; the unit has been rented since February 2016.
How big is unit 1602?
1,231 sqft (114.4 sqm): a one-bedroom apartment on the 16th floor of a 31-storey tower completed in 2014.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Matrix sold for AED 700,000 to 966,350 in the last 12 months, around AED 838 per sqft.
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Mortgage on 1602, The Matrix
Starts from the last sale price (AED 1.85M, 1 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,845,000
- Deposit, UAE resident (20%)
- AED 369,000
- Deposit, non-resident (40%)
- AED 738,000
- Monthly over 25 years at 3.7%
- AED 7,548
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →